Building Material Dealers--Other Than Secondhand Material

What Does GL Code 10255 Cover?

ISO GL class code 10255 classifies businesses primarily engaged in selling new building materials, such as lumber, hardware, plumbing supplies, and electrical fixtures, to contractors and the general public. This code encompasses operations that involve the storage, display, and sale of these materials, including associated delivery services. It is specifically designed for dealers whose primary business is not the sale of secondhand or salvaged materials.

Who Uses This Class Code?

This code applies to a wide range of businesses including lumberyards, hardware stores, electrical supply houses, plumbing supply distributors, roofing material suppliers, and general building material retailers. Businesses that sell new construction components, such as windows, doors, flooring, and cabinetry, also fall under this classification.

Common GL Claims for This Class

Common claims include bodily injury to customers from falling merchandise or slips and falls on premises, property damage caused by faulty materials sold, and injuries sustained during the delivery or loading of heavy building supplies.

Coverage Tips for Code 10255

• Ensure your General Liability policy includes adequate coverage for inventory, especially high-value building materials, against perils like fire, theft, or natural disasters.
• Verify your policy provides robust product liability coverage, as defective building materials can lead to significant claims if they cause property damage or bodily injury after sale.
• Review your coverage for loading and unloading operations, as injuries to customers or damage to property during these activities are common and can result in substantial claims.
• For businesses that deliver materials to job sites, ensure your contracts with customers include appropriate indemnification clauses and require them to name you as an additional insured.